#Laogao E-commerce Newsletter# [May 29 E-commerce Morning News]

　　#Laogao E-commerce Newsletter# [May 29th E-commerce Morning News] 1. Alibaba: will use new technologies to build a "new retail city" in Beijing; 2. Jumei Youpin will sell its 4% shares in Babytree; 3. Vipshop officially launched the men's version and fully expands the male group; 4. It is said that Babytree has introduced Internet giants to support it, with a valuation of about 15 billion yuan; 5. Baidu takeaway employee revealed that Ele.me lays off employees in disguise...

　　E-commerce newsletter

　　1. Alibaba: Will use new technologies to build a "new retail city" in Beijing

　　At the 5th Beijing Fair, Alibaba Group announced that it will use new retail and new technologies to carry out in-depth cooperation with the new consumption field of the capital. Alibaba will use new technologies such as big data, cloud computing, and artificial intelligence to build a "new retail city" in Beijing.

　　As a "new retail live map" connecting food, clothing, housing, transportation, food, drink and entertainment, Gaode will also realize geographical information sharing with the Beijing Municipal Commerce Commission, and create a convenient life service platform for local residents that "do not travel far and do less errands." (Cailianshe)

　　2. Jumei Youpin will sell its 4% Babytree shares

　　Jumei Youpin will sell a 4% stake in Baby Tree, a Chinese parenting website, worth $86.5 million. After completing the equity sale, Jumei will hold 3.33% of the total outstanding shares of Babytree. Previously, media reported that Babytree will introduce a new round of strategic investment from an Internet giant in the near future, with a latest valuation of about 15 billion yuan. (Sina Finance)

　　3. Vipshop officially launched the men's version and fully expands the male group

　　Recently, it was learned that the Vipshop Men's Edition page has been quietly launched, and the WeChat mini program "Vippine Men" has also been launched simultaneously. The Vipshop Men's Edition no longer continues the unique pink main color of Vipshop, but is completely replaced with blue that can better represent men. This means that Vipshop’s goal is no longer female e-commerce, but is officially expanding to all categories and all personalities. (Lianshang.com)

　　4. The primordial tree introduces Internet giants to support it, with a valuation of about 15 billion yuan

　　It is reported that Babytree, a leading domestic maternal and infant company, will introduce a new round of strategic investment from an Internet giant in the near future, with a latest valuation of about 15 billion yuan. Sources said the investment cooperation plan will be announced recently. In addition to capital strategic cooperation and further optimizing the shareholder structure layout, the Internet giant will greatly empower Babytree's business development in e-commerce, C2M, new retail and other fields. (Investment World)

　　5. Baidu takeaway employee revealed that Ele.me layoffs in disguise

　　Baidu Takeaway employees revealed that Ele.me plans to reduce employees of Baidu Takeaway related departments on the grounds that the two companies are accelerating internal integration. In response, Ele.me denied the layoffs, but many current and resigned employees of Baidu Takeaway said that the so-called "structural adjustments" made due to integration actually require personnel reduction. According to relevant insiders, after this integration, Baidu Takeaway, which was originally ranked among the top three in the takeaway platform, will become the traffic entrance for high-end users of Ele.me. (Beijing Business Daily)

　　6. Increase holdings in Alibaba Health again, Alibaba increases its investment in the flagship platform of pharmaceutical health

　　Alibaba Health issued an announcement announcing that it has officially signed an agreement with Alibaba Group to acquire Tmall medical devices and health products, adult products, medical and health services businesses for approximately 1.828 billion Alibaba Health shares, that is, HK$10.6 billion. (36kr)

　　7. Ant Financial joins Malaysia's second largest bank to form a joint venture

　　Malaysia's second largest bank, CIMB International Bank Group, announced that its subsidiary will form an equity joint venture with Alipay's parent company Ant Financial to provide mobile wallets and related financial services. It is reported that Touch 'n Go Sdn Bhd (TNG), a subsidiary of CIMB International Bank Group, will become the major shareholder of the joint venture, while Ant Financial is a minor shareholder. (Sina)

　　Internet news

　　8. Baidu responds to the ad-free application to search for recommended hospital links: natural search results instead of ads

　　36Kr News, Baidu posted on its official WeChat account today, saying: "We have promised again that the search result page of the Simple Search App will ensure that there will be no advertisements, that is, all the search results presented are natural search results. Including the so-called "hospital websites" mentioned by netizens that only appear on the 6th page in the Simple Search App are all natural results, not advertisements." (Pengpai News)

　　9. Starting today, WeChat prohibits sending such information

　　The WeChat team recently further upgraded the relevant rules of the "WeChat External Link Content Management Specifications", and the new regulations will officially take effect on May 29. For example, it is not allowed to publish and disseminate special identification codes and password information with identification and marking functions in the circle of friends; external links prohibit changing the user's return path, including but not limited to forced jumping to a non-previous page when the user clicks "Return". (Global Times)

　　Cross-border newsletter

　　10. 19% of Amazon third-party sellers sell more than one million dollars

　　Sina Technology News: On May 28, Beijing time, the latest research by e-commerce company Feedvisor showed that 19% of Amazon professional sellers' sales on the Amazon platform exceeded US$1 million. Meanwhile, 3% of sellers on Amazon's platform have sales of more than $10 million, up from 1% last year. This means that more professional sellers are becoming high-selling sellers on Amazon's platform.

　　It is understood that Feedvisor mainly helps sellers price products on Amazon and other platforms. (Hugo.com)

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